Banking Service in India
Public sector banks in India have been observing the ever greatest threats from the foreign and private banks, which have been able to enter into the market much later.
The threat is not only to retain the customers, but today the bigget challenge has been in finding and retaining the efficient people in the banks.
Banking Services Recruitment Board (BSRB), had been the prime authority for recruitement of employess in the bank for long. Now the banks have got the freedom of rcruiting people on their own by publishing advertisements in the newspapers. The examination standard remains same, which is more popularly known as Probationary Officer recruitement standards. The entry level qualification mostly remains graduation with the age limit of 21 and 28 as lower and higher respectively.
There are instances, where the bank is recruiting the right person and after a couple of years, the person is opting out for private and foreign banks, who at times show interest in recruiting experienced people, and obviously experience in another bank adds sustainable value in their credential, when the apply for a change. Some people may want to join private banks and foreign banks for better salaries and perks, some even hop for better challenging enviroenment.
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